Johnson Matthey includes hydrogen as one of its four focus areas
Johnson Matthey reorganises with greater hydrogen focus
Investment in AEM electrolyser manufacturer Enapter part of wider strategic reorientation of the business
Technology firm Johnson Matthey has reorganised its business following an in-depth review of its operations overseen by incoming CEO Liam Condon. The firm has simplified its operations, focusing on four key business areas: clean air, catalyst technologies, hydrogen technologies and precious group metal (PGM) services. A new efficiency programme aims to deliver £150mn/yr ($188mn) in cost savings by 2024-25, and a new leadership team has been brought in to oversee the changes that includes new business leads for each of the four divisions. “Our complex business structure and lack of commercial focus is getting in the way of our ability to create significant value. That is why we need to simpl
Also in this section
14 February 2025
Leading European hydrogen investor commits $50m to green fuels developer amid continued uncertainty over US renewables policy
14 February 2025
Focus on facilities in Spain, Egypt and the UK as Mideast Gulf country aims to scale up output to supply markets in Europe and Asia
12 February 2025
Tax incentives attract multiple proposals for hydrogen hubs as government launches new initiative to speed up transition
11 February 2025
Multiple production routes and regional policy differences hamper nascent sector’s ability to attract investment
